Costco Wave Analysis – 27 November 2025

Costco: ⬆️ Buy

– Costco reversed from support level 870.00

– Likely to rise to resistance level 950.00

Costco recently reversed from support area between the support level 870.00 (which has been reversing the price from July of 2024), lower weekly Bollinger Band and the 38.2% Fibonacci retracement of the upward impulse from 2023.

The upward reversal from this support area stopped the previous weekly impulse wave C of the long-term ABC correction (2) from May.

Given the strong multi-year uptrend, Costco can be expected to rise to the next resistance level 950.00.

Source: https://fxpro.news